1. When market equilibrium shifts, which of the following statements is true about the impact on economic surplus? A. It's changes depend on the elasticities of supply and demand. B. It will not be affected by market changes. C. It is eliminated when the market is in balance. D. Consumer surplus will change more than producer surplus. E. Producer surplus will change, but consumer surplus is unaffected. 2. Use the graph attached to answer the question below. If the price goes from P2 to P1, ceteris paribus, what area represents the lost producer surplus? A. C. B. D. C. C + D. D. C + F. E. F.